PSE&G sent a letter to the PJM board, defending the cost estimate for its share of the Artificial Island project.

PJM planners are rethinking a piece of the Artificial Island project, a move that could possibly require the RTO to solicit new bids.

PJM stands by its selection of the PSE&G project, which involves building a new transmission line from the Artificial Island nuclear complex in NJ to DE.

FERC approved an incentive filing by PJM that will allow PSE&G to recoup all of its costs if the Artificial Island reliability project is canceled due to reasons beyond the company’s control.

Reversing a prior decision, FERC ruled that PJM transmission owners should pay all of the cost of projects that solely address a TO’s local planning criteria.

Transmission developer LS Power is protesting Order 1000 compliance filings by NYISO, SPP and ISO-NE, saying they still favor regulated incumbents over independent developers.

New generators from Exelon, LS Power and Competitive Power Ventures were the apparent winners in ISO-NE's capacity auction, while NRG Energy and Public Service Enterprise Group walked away empty handed.

Two of the finalists for the Artificial Island transmission fix have offered to cap their costs while a third has teamed up with Pepco.

Facing a barrage of criticism from spurned Artificial Island bidders, state officials and others, PJM’s Board of Managers has delayed action on a recommendation that it select Public Service Electric & Gas to fix the Artificial Island stability problem. Instead, the board will allow PSE&G and other finalists to “supplement” their proposals in response to LS Power’s offer to cap its project cost at $171 million.

Two losing bidders for the Artificial Island transmission project have issued harsh critiques of PJM’s handling of the solicitation, seeking to persuade the Board of Managers to reject planners’ recommendation that the project be awarded to PSE&G.